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In re Cochran

In re Cochran

Ruling
Plan including final balloon payment to secured creditor could be confirmed. (Bankr. M.D. Ga.)
Issue(s)
Whether a Chapter 13 plan that calls for distributions in the form of monthly payments followed by a balloon payment to a creditor holding a claim secured by the debtor's real property complies with 11 U.S.C.S. § 1325(a)(5)(B)(iii)(I).

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Consumer opinion summary, case decided on September 01, 2016 , LexisNexis #0916-133